President Donald Trump speaks to supporters during a rally at US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania.
Jeff Swensen | Getty images
THE European Union Saturday, criticized the president Donald Trump go to Double prices on steel importswarning that this “undermines” the efforts to achieve a “negotiated solution” in the current trade war.
“We are firmly regretting the announced increase in American prices on steel imports from 25% to 50%,” EU spokesperson said in a press release at NBC News.
“This decision adds additional uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic,” said the spokesperson.
The spokesman added that the EU is “ready to impose countermeasures, including in response to the last increase in American prices”.
Trump announced on Friday that he had planned double prices On 50%steel imports, going from 25%, increasing pressure on manufacturers depending on industrial metals for production.
New import rights are defined on come into force June 4.
His announcement, made during a rally in Us Steel in Pennsylvania, came after the president reported earlier this month that he would approve a controversial agreement between Japanese And American steel.
Trump underlined an “agreement” between Japanese and US Steel at the Friday rally, but said that the agreement was not yet final.
He said that there would be no layoffs and “no outsourcing of what we would be achieved” due to the agreement.
The EU, who said that had stopped his countermeasures Against the United States on April 14 “to grant time and space” for negotiations, said that it was ready to install these measures “if no mutually acceptable solution is found”.
“The European Commission is currently finalizing consultations on extended countermeasures,” said the spokesperson. “If no mutually acceptable solution is found, existing and additional EU measures will automatically have effect on July 14 – or earlier, if circumstances require.”
The United Steelworkers Union (USW) also criticized Trump’s announcement and said it was a “direct attack on Canadian industries and workers.”
“Thousands of Canadian jobs are at stake and communities that depend on steel and aluminum are endangered,” said Marty Warren, National Director of United Steelworkers for Canada statement.
“Canada must respond immediately and decisively to defend workers.”
